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0.00514579759862798 0.00514579759862798 -0.00400228702115476 -0.00400228702115476 -0.00400228702115476 -0.00400228702115476 -0.00400228702115476 -0.00400228702115476
Stock impact report

BGSF, Inc. Reports Second Quarter 2024 Financial Results [Yahoo! Finance]

BGSF, Inc. (BGSF) 
NASDAQ:AMEX Investor Relations: bgstaffing.investorroom.com
Company Research Source: Yahoo! Finance
workforce solutions, today reported financial results for the second fiscal quarter ended June 30, 2024. Q2 2024 Sequential Comparison to Q1 2024: Revenues were $68.1 million for Q2, compared to $68.8 million for Q1. Property Management segment revenues increased 4.8% from Q1, mainly due to normal seasonal fluctuations. Professional segment revenues declined 4.1% from Q1, with project completions outpacing the timing of new engagement starts. Gross profit was $23.6 million, up from $23.4 million in Q1, primarily due to higher sales in Property Management. Net loss was $0.8 million, or $0.07 per diluted share for Q2 and Q1. Adjusted EBITDA was $2.6 million (3.8% of revenues) in Q2 from $2.7 million (4.0% of revenues) in Q1. Adjusted EPS was $0.07 for Q2 compared with $0.07 for Q1. SUMMARY OF FINANCIAL RESULTS (dollars in thousands) (unaudited) For the Thirteen Week Periods Ended June 30, July 2, March 31, Revenue: Property Management Professional Tot Show less Read more
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